New Name and Symbol Signals Web2’s Mission to Be a Leader Among the Next Generation Web 2.0 Companies
ORLANDO, Fla., July 31 /PRNewswire-FirstCall/ — 110 Media Group, Inc. (OTC Bulletin Board: ONTN – News) announced today that it has completed its name change to Web2 Corp. and now trades on the Nasdaq OTC:BB Electronic Quotation Service under the stock symbol “WBTO.”
Under the new identity, Web2 has re-oriented its mission and plans to begin release of an array of new Internet products, beginning with the launch of the Chamber of E-Commerce for the business community. The Chamber of E-Commerce provides a resource center for small businesses that has not previously existed. It offers a variety of reference materials, promotional directories, a community place for virtual business owners to gather, and a selection of services and products to encourage and simplify e-business. “Our goal is to arm the vast numbers of non-technical business owners with e-commerce products that let them stay focused on their business, not on learning arcane details of the Web,” says William Mobley, Chairman of Web2 Corp. “We are the non-techie do-it-yourself solution that is perfect for eBay sellers who want their own website, or small business operators who have avoided the Internet. We target non-consumers by making the process easy, fun, fast and very affordable.”
Aiming to harness the power of new technologies to simplify productive use of the Internet, Web2 has numerous products in the queue for launch, including a new form of search engine, an adaptation of social network technologies for business use, and an array of e-commerce solutions that integrate the most- used features of established competitive products into one easy-to-use suite under the Chamber of E-Commerce. Web2 thrives on identifying areas of user frustration. It then sets about creating products that simplify the process and eliminate the sources of friction. In doing so, the company levers the latest technology and combines it with a dose of common sense in designing an intuitive product that integrates the 20% of features that 80% of users desire. The goal is to leapfrog incumbent competitors and profit through the sale of products that people want and will use daily.
Product rollout is expected to begin on August 1st with the release of the company’s e-commerce offers. Additional rollouts are expected in August and September in time for small businesses to utilize them in the fourth quarter.
ABOUT WEB2 CORP.
Web2 Corp. (OTC Bulletin Board: WBTO – News) products and services address a significant market gap by providing non-technical business operators of small to medium-sized businesses with all the necessary services needed to migrate their cottage industries to the Internet or to start a new Internet business. Web2 Corp’s Chamber of E-Commerce packages provide all the necessary components for a successful online business in just one hour. The Company’s integrated friendly, helpful, non-threatening bundle can be easily accessed and managed by low-tech business operators. The company profitably provides all elements basic to any business endeavor in a cost-effective package offered for $19.95 per month with no start-up fees. Clients simply need to add their information and products or services to be in business in as little as an hour without knowing a thing about HTML, Flash, Secure Socket Layers, FTP, or any other technical aspect of creating and running a website.
The company’s numerous products are vertically integrated and primed to become the easiest and most innovative Internet utilities since Yahoo! or Google, coupled with the viral rapid marketing growth of such first-to-market leaders as MySpace, MSN Hotmail, ICQ, Blue Mountain Arts and Napster.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including without limitation statements regarding potential future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Gross turnover could be substantially less in the future due to changes in the law, general economic conditions, or unexpected failure of equipment servicing the accounts. In addition, technical complications which may arise could prevent the prompt implementation of the plans outlined above. Additional Safe Harbor Act Disclaimer Notice is available on the web site at http://www.web2corp.com..
Source: Web2 Corp.
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